A study by the UP Resilience Institute reveals that areas of the Philippines, particularly Metro Manila, are sinking due to excessive groundwater extraction and rising sea levels. Key affected zones include CAMANAVA and Bulacan. This subsidence results in severe flooding and structural damage. Industrialization, urbanization, and a growing population exacerbate the situation, posing significant threats to infrastructure and livelihoods.
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The Market Monitor Minding the Nation's Business